Where and when during childhood and adolescence do people acquire the foundations of financial capability? The Consumer Financial Protection Bureau (CFPB) researched the childhood origins of financial capability and well-being to identify those roots and to find promising practices and strategies to support their development. Our new report, “Building Blocks to Help Youth Achieve Financial Capability: A New Model and Recommendations,” illuminates critical attributes, abilities, and opportunities acquired during the years spanning preschool through young adulthood that support the development…
Brief
This brief seeks to identify patterns and transitions during emerging adulthood to obtain a better understanding of the likelihood that young adults will experience a lower-risk transition to adulthood. Panel data from the National Longitudinal Study of Adolescent Health was analyzed (Add Health, N=12,166), using person-centered analyses, to examine the odds of youth engaging in lower-risk patterns/trajectories, specifically, minimal problems with heavy alcohol use, illicit drug use, criminal behavior, and financial hardship. Lower risk transitions were defined as avoiding or overcoming…
The purpose of this guide is to provide a comprehensive set of resources for jurisdictions interested in addressing the needs of pregnant and parenting youth in foster care.The guide is organized into three major program categories: 1) Parenting Supports; 2) Developmental Supports for Children and Parents, including Health Care and Trauma-Informed Supports; and 3) Preparation for Adulthood, including Education and Housing. Evidence of effectiveness is listed in each of the program descriptions, which includes rating information from Evidence-Based Clearinghouses or any other information of…
